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MARKETS / NASDAQ / ABCL
NASDAQ · PHARMACEUTICAL PREPARATIONS · LARGE CAP

AbCellera Biologics Inc. ABCL

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$75.1M
▲ 160.6% YoY
$-146.4M
$-174.1M
In brief

What this company does

In 2025, the company completed construction of its 130,000-square-foot clinical manufacturing facility in Vancouver and initiated activities at the site. As of December 31, 2025, the company had started 104 partner-initiated programs with downstream participation. As of December 31, 2025, the company had 562 full-time employees in Canada, Australia, and the United States, representing over 42 nationalities. As of December 31, 2025, the company had approximately $700 million in available liquidity to continue executing on its strategy.

Written from the business description in AbCellera Biologics Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth
USD 75.1M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 75.1 · Net income -146.4
200M400M-80M-160M2019202020212022202320242025
Compound annual growth
−46.3%
−20.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −20.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−195 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -289.0% · Net -194.9%
-500%-1000%2019202020212022202320242025
ROE
FY2025 · ROE -14.5%
10%20%-10%-20%2019202020212022202320242025

Each USD of equity lost 14 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -174.1
80M160M-80M-160M2019202020212022202320242025

Total assetsUSD 1.4B
EquityUSD 966.9M
CashUSD 128.5M
Current ratio11.32×

Equity funds 71% of total assets.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.10.00.00.50.40.20.0
Operating income $B−0.2−0.3−0.20.20.20.2−0.0
EBITDA $B−0.2−0.3−0.20.20.20.2−0.0
Income tax $B−0.0−0.0−0.00.10.10.0·
Net income $B−0.1−0.2−0.10.20.20.1−0.0
Free cash flow $B−0.2−0.2−0.10.20.20.0−0.0
EPS, diluted $−0.49−0.55−0.510.500.480.45−0.01
Dividend / sh $·······
Payout %·······
ROE %−14.5−14.7−12.314.016.528.3−21.6
Shares out B0.300.300.290.290.280.27·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 26 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 50 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inoutside the United States — SEC code A1
Fiscal year endsDecember 31
Data on record since2019

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